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Fasttoken

FTN

Fastex

Web3-driven solutions ecosystem

fastex

Twitter

Categories:

Technology Solutions

Founded:

2022

Powered by IT giant SoftConstruct, Fastex is a Web3-driven solutions ecosystem offering a diverse range of products. Its ecosystem operates as a branded house for Fastex products, including Fastex Verse, ftNFT marketplace, Fastex Chain, Fastex Pay crypto payment system, Fasttoken, and the Fastex Exchange crypto and fiat exchange platform.

Fastex Fundraising

Fundraising Event

Round	Amount	Valuation	Date	Investors
Public Sale	23200000	0	Jan 20, 2023

Fastex Team

Fasttoken

FTN

Add

-0.42%

Total dollar volume24H

$61,809,548

High24H

4.543 USDT

Low24H

4.517 USDT

Market Cap

#46$1,948,557,666

FDV

$3,933,143,588

Market Cap / FDV Ratio

0.50

Turnover rate

3.17%

Circulating supply

431,383,145

Total supply

870,742,437

Max supply

1,000,000,000

All time high

4.608 USDT

All time high date

Aug 11, 2025

Down from All time high

-1.97%

Cycle low

4.465 USDT

Cycle low date

Aug 22, 2025

Up from cycle low

1.16%

Contracts

Etherscan:0xae...7064

Official links

Socials

Introduction

Fasttoken (FTN) is the native cryptocurrency of the Bahamut blockchain, a Layer 1, EVM-based public blockchain. Fasttoken initially began as an ERC-20 token within the Fastex ecosystem but transitioned to Bahamut after the launch of its mainnet on May 3, 2023. The migration of FTN from Ethereum to Bahamut is still ongoing.

One of the key features of Bahamut is its Proof of Stake and Activity (PoSA) consensus mechanism, which rewards validators based on both their stake and their activity on the network. This innovation ensures active participation while maintaining network security.

Fasttoken is currently integrated across 10+ payment providers, such as MoonPay and Alchemy Pay, making it highly versatile for use in gaming, e-commerce, and other Web3 applications. As of October 2024, Fasttoken is listed on over 17 exchanges, and approximately 40 million FTN tokens are locked via Bahamut's staking mechanisms, boosting the growth of the token and network. Additionally, 120 million FTN tokens were burned in October 2023 to mint new validation rewards on the Bahamut network, reducing the total supply to 880 million.

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